Is Harahan, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Harahan has remained a Seller's Market.
Key Takeaway
Harahan is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harahan, LA
How much do homes in Harahan, LA cost?
Median Sold Price
$325,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Harahan have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Harahan was $325,000 in April 2024, up 15.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $200K | N/A |
| 2 Bedrooms | $213.4K | $240K | +12.4% |
| 3 Bedrooms | $275K | $330K | +20.0% |
| 4 Bedrooms | $395K | $452.5K | +14.6% |
| 5+ Bedrooms | $460K | $500K | +8.7% |
Summary: Harahan housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Harahan | $281K | $325K | +15.7% |
| Metairie | $305.7K | $314.2K | +2.8% |
Housing Supply in Harahan, LA
How many homes are available in Harahan, LA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 64 | +28.0% |
Summary: The Harahan real estate market had 64 homes for sale in April 2024, a 28.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 25 | 33 | +32.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Harahan housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harahan, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Harahan in April 2024, up by 100.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Harahan, LA
How long does it take to sell a home in Harahan, LA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 74 Days | 35 Days | -51.9% |
Summary: Homes in Harahan had an average of 35 days on market in Apr 2024, down by 51.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Harahan are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Harahan; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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